Dhaka- BRAC Bank Limited has organized an environmental awareness program for school students on the occasion of World Environment Day. Zara Jabeen Mahbub, Head of Customer Experience, BRAC Bank, and Syed Parvez Ahsan, Principal, PenField School, hand over saplings to students as part of the awareness campaign among the students, reports in press release.
BRAC Bank is one of country’s fastest growing banks. With 157 branches, more than 350 ATMs, 400 SME Unit Offices and over 8,000 human resources, BRAC Bank operation now cuts across all segments and services in financial industry. With more than 1.2 Million Customers, The bank has already proved to be the largest SME Financier in just 12 years of its operation in Bangladesh and continues to broaden its horizon into Retail, Corporate, SME, Probashi and other arenas of banking. In 2013 BRAC Bank has received the prestigious ‘The Asian Banker Best Managed Bank in Bangladesh’. In the year: 2010, BRAC Bank has been recognized as Asia’s most Sustainable Bank in Emerging Markets by the Financial Times and IFC. The Bank is the country’s first founder member of Global Alliance for Banking on Values (GABV) – a network of the world’ leading sustainable banks.

Barrister Tanjib-ul Alam has recently been appointed an independent director to the board of directors of the City Bank, says a press release.
Barrister Alam is also head of chamber at Tanjib Alam and Associates. Currently he is acting as lead consultant to IFC in Bangladesh in drafting new Companies Act for Bangladesh.

Niaz Habib has been appointed as managing director of Dhaka Bank with effect from June 2.
Prior to his new position, he worked as additional managing director of the bank, said a news release.
Before joining Dhaka Bank, he worked for Premier Bank, AB Bank, United Commercial Bank, Eastern Bank and American Express Bank.
Niaz started his career in 1978 at Bangladesh Shilpa Bank as financial analyst/investment officer.
He completed his masters in business administration from Institute of Business Administration of University of Dhaka in 1977. He also completed his MA in Economics with honours from University of Rajshahi.

BASIC Bank's default loans continue to escalate in the face of irregularities, despite Bangladesh Bank's efforts to keep it in check.
By the end of June, it is forecast to hit Tk 1,700 crore, up 13 percent from March 30, according to a finance ministry report placed in parliament on Thursday.
The figure is 13.45 percent of the state-run scheduled bank's total outstanding loans, and a central bank official tipped the actual figures to be much higher as the bank showed a huge amount of bad loans to be non-classified.
The report also found that the bank's financial condition is worsening by the day, with its capital eroding at an alarming rate.
The minimum capital requirement as per BB's stipulations is 10 percent against the risk-weighted assets, but BASIC's stood at only 4.5 percent at the end of March.
One of the best-run banks till 2009, BASIC has been mired in financial irregularities in recent years, with the bank counting losses—of Tk 43.2 crore—for the first time last year.
Central bank investigations unearthed irregularities involving loans worth around Tk 4,500 crore in the last three years, and on May 29 it advised the government to dissolve the bank's board as the governing body was found to be complicit in the irregularities.
While the BB on May 24 removed the bank's managing director Kazi Faqurul Islam for his failure to check the irregularities, the government is yet to take any action against the main accused, Sheikh Abdul Hye Bacchu, the bank's chairman.
Asked about the lack of action against the chairman of the board, Finance Minister AMA Muhith yesterday said the prime minister's approval is required for it.
However, he said punitive actions are on the way against the bank's board considering the central bank's recommendation.
Asked if the loans given out through irregularities could be recovered, he said: “I don't know.”
The banking regulator also suspended loan activities at three of BASIC'S branches—Dilkusha, Shantinagar and Gulshan—where most of the irregularities took place last year and the year before.

 Pubali Bank Limited will appoint two persons with disability every year under humanitarian banking programmes.

Board of Directors of the bank has taken the decision to appoint two physically challenged job aspirants every year.

Hafiz Ahmed Mazumder, Chairman, Board of Directors of Pubali Bank informed this while handing over the appointment letters to Sanjida Rahman and Dewan Salamat Raza Chowdhury, two physically challenged job seekers at a ceremony held in Sylhet recently.

Fahim Ahmed Faruk Chowdhury, Vice-Chairman, Board of Directors, Moniruddin Ahmed, and Azizur Rahman, Directors, Helal Ahmed Chowdhury, Managing Director and Abu Habib Khairul Kabir, General Manager of the bank were present.

Ahmed Shafi Choudhury, Director, MA Halim Chowdhury, Additional Managing Director, Safiul Alam Khan Chowdhury, Deputy Managing Director, senior officials of the bank and customers were also present.